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- 1. A famous Oman dining chain needs to create menus that are tastier and include more things that consumers want and are able to pay for. How can 'information systems' support management execute this strategy? Which pieces of data does the organization like to collect? Also explain, how the reports can be helpful in assisting management make decisions relevant to improving menus and profitability? 2. Suppose you are a manager in an Omani organization that runs on a cross-border basis, what criteria will you use to determine if an application should be established as a global application or as a local application? Also explain the ways how the Internet can be utilized in International Information Systems. 3. On an ad hoc basis, Oman-based Mercedes-Benz car dealer Zawawi Trading Company LLC provided customer data to parent company. There is no real incentive for the dealer to share data with the company. How could this problem be solved by customer relationship management (CRM)…Give downvote if answer No answer if downvote incorrect tooo Antitrust which historically focuses on domestic competition, can be used to score international points, taking firms by surprise. Whether undertaking a domestic merger or engaging in foreign direct investment (FDI), when it comes to antitrust wars, savvy managers need to pay close attention most closely to which implication for action? a. Develop skills in competitor analysis that guide decision making on attacks, counterattacks, and cooperation. b. Know your opponents. c. Strengthen resources and capabilities to compete and/or cooperate more effectively. d. Understand the rules of the game governing domestic and international competition around the worldPut this in other words. Analyze, explain and elaborate. The battlefield of business is fierce, and here, knowledge is undeniably power. Predictive analytics dons the mantle of a spy, infiltrating the strategies of rivals. By analyzing market trends and discerning competitors' moves, organizations gain a tactical edge. This invaluable intelligence fuels the formulation of strategies that tilt the balance of competition.
- Perform a quick PESTEL analysis of the companies listed below. What is the largest risk for each of theChapter 8 Strategic Analysis: Understanding a Firm’s Competitive Environment 275companies? Assume that you had $100,000 to invest in one of more of these companies. Explain how youwould allocate your investment and why you chose this particular allocation.a. Uberb. Teslac. General Motors.RESOLVING ETHICAL BUSINESS CHALLANGES : QUESTIONS • EXERCISES1. Identify the ethical and legal issues ofwhich Albert needs to be aware.2. Discuss the advantages anddisadvantages of each decision thatAlbert could make and has made.3. Identify the pressures that havebrought about these issues.Joan and Joel are civil servants working in the same office. Joan argues that they do not need strategic management knowledge since they are junior staff while Joel says they do not need strategic management since their office is not for profit making. As a strategist, help them understand the importance of strategic management to all.
- Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements.Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps. b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements. c. Compare on contrast the following: i. Vertical integration versus horizontal integrationii. Divestiture versus Diversificationiii. Market development versus Product DevelopmentStrategic Management Porter’s model is essentially a structural means of testing the competitive environment of an organization as to provide a clear understanding of forces at work. The task of the Strategist is to determine which of these forces are of the greatest important to the organization. EXPLAIN.
- In crafting a company's strategy: Answer 1 C) managers need to come up with some distinctive "aha" element to the strategy that draws in customers and produces a competitive edge over rivals. D) managers are well-advised to be risk-averse and develop a "conservative" strategy—"dare-to-be-different" strategies rarely are successful. A) management's biggest challenge is how closely to mimic the strategies of successful companies in the industry. B) managers are wise not to decide on concrete courses of action in order to preserve maximum strategic flexibility.Does the Kingdon's multiple-streams framework (MSF) theory seem broadly applicable or does it do better/worse in some ways? For example, does it do better/worse in explaining change vs. continuity, in explaining the some policies vs. others, in explaining the US policy process vs. other contexts.Strategic Management Porter’s model is essentially a structural means of testing the competitive environment of an organization to provide a clear understanding of forces at work. The task of the Strategist is to determine which of these forces are of the greatest importance to the organization. EXPLAIN.